India Saffron Market to 2032
Overview
The India Saffron Market is expected to reach a 83.25 USD Million by 2032 and is projected to grow at a CAGR of 10.39% from 2025 to 2032.
Revenue, 2024 (USD Million)
47.46
Forecast, 2032 (USD Million)
83.25
CAGR, 2024 - 2032
10.39%
Report Coverage
India
India Saffron Market 2018-2032 USD Million
India Saffron Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 47.46 USD Million
- Projected Market Size (2032): 83.25 USD Million
- CAGR (2025-2032): 10.39%
Key Findings of India Saffron Market
- The India Saffron Market was valued at 47.46 USD Million in 2024.
- The India Saffron Market is likely to grow at a CAGR of 10.39% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Stigma in Form Segment accounted for the largest share of the market with a revenue of 47.46 USD Million
- The fastest growing segment Sargol Saffron in Type Segment grew Fastest with a CAGR of 11.03% during the forecast period from 2024 to 2032.
India Saffron Market Scope
India Saffron Market Segmentation & Scope
Type
- Bunch or Dasteh Saffron
- Pushal/Poshal Saffron
- Negin Saffron
- Super Negin Saffron
- Sargol Saffron
Grade
- Grade IV
- Grade III
- Grade I
- Grade II
Category
- Organic
- Conventional
Form
- Stigma
- Liquid
- Powder
- Petals
Origin
- Morocco
- Others
- Greece
- India
- Spain
- Iran
Drying Method
- Others (If Any)
- Sun Drying Method
- Vacuum Oven Drying Method
- Electric Oven Drying Method
- Microwave Drying Method
Distribution Channel
- Non Store Based Retail
- Store Based Retail
India Saffron Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 47.46 USD Million |
| Market Value in 2032 | 83.25 USD Million |
| CAGR (2025-2032) | 10.39% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Grade,Category,Form,Origin,Drying Method,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): India, leading in terms of revenue 47.46 USD Million in 2024
- Key Country: India, leading in terms of revenue with value of 47.46 USD Million in 2024.
Segments and Scope
-
India Saffron Market to 2032, By Type
- Sargol Saffron is the largest segment in India Saffron Market to 2032 with a revenue of 15.21 USD Million in the year 2024.
- Sargol Saffron is the Fastest growing segment in India Saffron Market to 2032 with a Growth rate of 11.03 % in forecast period 2025-2032.
-
India Saffron Market to 2032, By Grade
- Grade II is the largest segment in India Saffron Market to 2032 with a revenue of 16.28 USD Million in the year 2024.
- Grade II is the Fastest growing segment in India Saffron Market to 2032 with a Growth rate of 10.85 % in forecast period 2025-2032.
-
India Saffron Market to 2032, By Category
- Conventional is the largest segment in India Saffron Market to 2032 with a revenue of 38.90 USD Million in the year 2024.
- Conventional is the Fastest growing segment in India Saffron Market to 2032 with a Growth rate of 10.60 % in forecast period 2025-2032.
-
India Saffron Market to 2032, By Form
- Stigma is the largest segment in India Saffron Market to 2032 with a revenue of 47.46 USD Million in the year 2024.
- Stigma is the Fastest growing segment in India Saffron Market to 2032 with a Growth rate of 10.39 % in forecast period 2025-2032.
-
India Saffron Market to 2032, By Origin
- Iran is the largest segment in India Saffron Market to 2032 with a revenue of 19.88 USD Million in the year 2024.
- Iran is the Fastest growing segment in India Saffron Market to 2032 with a Growth rate of 10.84 % in forecast period 2025-2032.
-
India Saffron Market to 2032, By Drying Method
- Microwave Drying Method is the largest segment in India Saffron Market to 2032 with a revenue of 14.97 USD Million in the year 2024.
- Microwave Drying Method is the Fastest growing segment in India Saffron Market to 2032 with a Growth rate of 10.82 % in forecast period 2025-2032.
-
India Saffron Market to 2032, By Distribution Channel
- Store Based Retail is the largest segment in India Saffron Market to 2032 with a revenue of 33.94 USD Million in the year 2024.
- Store Based Retail is the Fastest growing segment in India Saffron Market to 2032 with a Growth rate of 10.52 % in forecast period 2025-2032.
India Saffron Market Company Share Analysis
| Company Name |
|
||
| Baby Brand Saffron | |||
| Esfedan Saffron Co. | |||
| Rowhani Saffron Co. | |||
| Norfolk Saffron | |||
| The Cheshire Saffron Company. | |||
India Saffron Market Geographical Sales Distribution, 2018-2032 USD Million
India Saffron Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The India Saffron Market is segmented based on Segmentation Type,Grade,Category,Form,Origin,Drying Method,Distribution Channel.
India Saffron Market was valued at USD 47.46(Revenue in USD Million) in 2021.
India Saffron Market is projected to grow at a CAGR of 10.39% during the forecast period of 2024 to 2032.
The Stigma segment is expected to dominate the India Saffron Market, holding a largest market share of 47.46 USD Million in 2024
India Saffron Market Scope
India Saffron Market Segmentation & Scope
Type
- Bunch or Dasteh Saffron
- Pushal/Poshal Saffron
- Negin Saffron
- Super Negin Saffron
- Sargol Saffron
Grade
- Grade IV
- Grade III
- Grade I
- Grade II
Category
- Organic
- Conventional
Form
- Stigma
- Liquid
- Powder
- Petals
Origin
- Morocco
- Others
- Greece
- India
- Spain
- Iran
Drying Method
- Others (If Any)
- Sun Drying Method
- Vacuum Oven Drying Method
- Electric Oven Drying Method
- Microwave Drying Method
Distribution Channel
- Non Store Based Retail
- Store Based Retail
Frequently Asked Questions
The India Saffron Market is segmented based on Segmentation Type,Grade,Category,Form,Origin,Drying Method,Distribution Channel.
India Saffron Market was valued at USD 47.46(Revenue in USD Million) in 2021.
India Saffron Market is projected to grow at a CAGR of 10.39% during the forecast period of 2024 to 2032.
The estimated market value of the India Saffron Market for final year is USD 83.25 (USD Million).
India Saffron Market Company Profiling
Frequently Asked Questions
The India Saffron Market is segmented based on Segmentation Type,Grade,Category,Form,Origin,Drying Method,Distribution Channel.
India Saffron Market was valued at USD 47.46(Revenue in USD Million) in 2021.
India Saffron Market is projected to grow at a CAGR of 10.39% during the forecast period of 2024 to 2032.
The estimated market value of the India Saffron Market for final year is USD 83.25 (USD Million).
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